US Dollar Weakens as Markets Eye GDP, Jobless Claims, and Key PCE Data
The US Dollar is extending its pullback from Wednesday’s highs above 148.00, sliding toward the 147.00 mark as traders position themselves ahead of upcoming US…
Posts Tagged: US PCE Price Index
AUD/USD Faces Selling Pressure After Disappointing Australian CPI Data
The AUD/USD currency pair encountered selling pressure post-release of softer Australian CPI figures, compounded by increased US dollar demand. Market focus shifts to US Q4…
USD/JPY Retreats from YTD High as BoJ-Fed Policy Divergence and Intervention Fears Linger
After reaching its highest level since November 2022 on Friday, near 144.45, the USD/JPY has paused its intraday decline. The spot price range is relatively…
US Dollar Buying Revives USD/CAD
The trend of the USD/CAD currency pair going up in the early European session continued on Tuesday. In the last hour, people who want to…
AUD/USD Struggles to Capitalise on Minor Gain Amid Increased Dollar Buying
After going up to the mid-0.6700s, sellers are drawn to the AUD/USD pair, which stops a slight rebound from its lowest level since January the…